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Showing 1 to 9 of 9 for “"Davis Tax Committee"”.

  1. Informal Sector Taxation: A Qualitative Analysis Of The Experience Of The Urban Informal Operators In Rustenburg, North West Province

    … faces evident revenue and fiscal pressures. The Davis Tax Committee has highlighted the necessity of increasing tax compliance and broadening the tax base to reduce revenue shortfalls. This research is informed by the informal sector's low tax revenue contribution, that contrasts with its …

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  2. Is the time now ripe for South Africa to introduce a formal group tax system?

    The possible introduction of a group tax regime in South Africa has for some time been the subject of debate. In its third interim report the Katz commission recommended that South Africa employ a consolidation method of group taxation, this same method of group taxation was also proposed by the …

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  3. Dividend payments from employee share scheme trusts

    … the past, there has been confusion regarding the taxation of dividends received from employee share scheme trusts. Conflicting interpretations of the definitions in section 8C and certain provisions of 10(1)(k) of the Income Tax Act No. 58 of 1962 (ITA) have caused administrators of these schemes …

    cape-town Repository record for Dividend payments from employee share scheme trusts (opens in a new tab)

  4. Tackling international tax avoidance: If South Africa has general anti-avoidance rules, why does it need the principal purpose test?

    … of the OECD's Final Report on BEPS Action 6, the Davis Tax Committee observed that the GAAR and the PPT serve a similar purpose and that the GAAR can be applied to prevent the abuse of treaties. They stated further, that one could therefore argue that there is no need for South Africa to amend its …

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  5. Income Tax – Sale of a going concern: Assumed Contingent Liabilities Clarification versus legislative reforms

    The income tax consequences that flow from the assumption of contingent liabilities as part of the sale of a going concern is a contentious matter that continues to frustrate sellers and purchasers. The challenges faced by sellers and purchasers include inherent mismatches between the objects of …

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  6. The tax treatment of interest incurred by mining companies to finance mining capital expenditure

    This dissertation examines the tax treatment of interest incurred in financing mining capital expenditure. The capital expenditure under consideration is shaft-sinking and mining equipment. The reason for concern as regards this form of capital expenditure lies in the provisions of section …

    pretoria Repository record for The tax treatment of interest incurred by mining companies to finance mining capital expenditure (opens in a new tab)

  7. Value-added tax:Analysis of the supply of cross border electronic services

    … to recipients resident in the Republic. Tax administrations lose revenue since there are no border posts acting as agent to collect VAT/GST and remitting the VAT/GST to the revenue authority. The foreign supplier would charge no VAT/GST on the supply and the consumer will fail to …

    cape-town Repository record for Value-added tax:Analysis of the supply of cross border electronic services (opens in a new tab)

  8. An investigative discussion on the feasibility of an annual wealth tax in South Africa: are South African taxpayers ready for a wealth tax?

    In 2018 the Davis Tax Committee was tasked with the responsibility of investigating the feasibility of introducing an annual wealth tax in South Africa. This wealth tax would serve as a replacement for the existing wealth taxes that are Estate Duty, Donations Tax, Security Transfer Tax and Transfer …

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  9. A critical analysis of the taxation of cross-border service fees in South Africa: Motivation for the reinstatement of the withholding tax on service fees

    … that South Africa implements laws that seek to tax service fees in an efficient, effective and equitable manner. South Africa’s Minister of Finance and the Davis Tax Committee are amongst the key government stakeholders who have expressed concern regarding the threat that South Africa faces to …

    cape-town Repository record for A critical analysis of the taxation of cross-border service fees in South Africa: Motivation for the reinstatement of the withholding tax on service fees (opens in a new tab)